Skip to main content

About your Search

20121226
20130103
Search Results 0 to 12 of about 13 (some duplicates have been removed)
. let's begin with ben willis at the newscy. -- nyse. we had some bias coming in the last half hour. >> as long as washington keeps santa claus hostage we'll continue to see this. "the santa clause" rally hasn't appeared because it has been over this fiscal cliff. kudos on fox business for the headline of story coming out of washington congress will meet on sunday this coming weekend that. is definitely took us off our low. we had a major rally on that. 10 handles on the s.o.p.s we watched down here. it was a painful trade there for a couple of hours. ashley: ben, very quickly up until now the market hasn't really reacted to the fiscal cliff but seems today it really sort of kicked in. did the market get it wrong up to this point? >> the fear is we may have got it wrong. market as i've been saying for a while believes in fact we will have a resolution so we will not go over the cliff. the recent commentary maybe has been there will be a patch so we'll get it done by early january. the comments by mr. reid today. the ball was thrown into his court by mr. boehner who failed with his p
's the government. >> ben chaz is a member of a tribe that doesn't get special government help. and yet. >> the area where you live looks different from indian reservations. these mansions look like english manors. >> ian take you to one neighborhood where my people are from and show you nicer homes than a whole sioux reservation. >> this is not casino money. no special deal for your tribe. >> oh, no. in my tribe, woe -- we don't have casinos. we have 12 banks. >> he says his tribe does well because the federal government does not recognize them as a sovereign tribe though their congressman wants to change that. >> it's time for discrimination to end and recognition to begin. >> mike knows if he wants to stay in washington, dc he has to support the tribe or he won't be there. >> this is an injustice that must be resolved. >> if the congressman gets his way your tribe will get 8 a million. >> if y want to become dependent on the federal government and sell your soul for 80 million, i understand that and some people are willing to do that. >> indian activityists they ought to get federal recognition.
us. congress -- republican congressman ben harper is joining me about that e-mail situation, congressman, do have you plans for lisa jackson to come before your committee to testify. >> i think we almost have a rve parking pce for lisa jackson on capitol hill for the many times she has appeared before our commity and others. and it is a great concern. i know that this is being looked at and it is amazing there could be 12,000 e-mails perhaps more, that will shed some light o this. but tom, one thing i can assure you, i would almost rest assure there is no one using a private e-mail account for official business today. so, as we get to the bottom of what is taking place with lisa jackson. tom: i am looking at a letter sense out today by committee of science, space and technology, they are talking about a man in department of energy, running the loan gar abty program who was using private e-mail accounts and office of science and technology, technology officer there conducting business with a private e-mail account, how widespread do you believe this is? >> you have to say ho
: isn't that a counterargument? ben bernanke prints money and $45 billion of mortgages every month and breaks down 3.5% or something like that. surely that continues, surely that is a bright spot. >> if that happens and we have the weak dollar we will see foreign buyers coming in to the market. stuart: you mentioned luxury homes. they are selling well, multimillion-dollar homes. you did an rticle on that. >> lots of articles on that. this housing recovery, i throw the r word out there with caution but what we have seen in housing creates concern, the very low end doing well, distressed properties for first-time home buyers and high end doing well especially with billionaires' who are plowing their money into real estate. stuart: foreigners are buying a lot of this. >> you can -- we have been seeing a lot of argentinian and venezuelans and middle easterners and koreans coming into the market and chinese. stuart: canadians. gerri: this recovery is no hand mirrors. it is not strong and inventories at small levels here, these are professionals in many cases who are buying. at the end
was not cool on the skis. tough talk. here i am with ben willis, and we talked about the market, but the number one question, what's everybody saying about the fiscal cliff? >> new year's resolution is never to have to say those words again. >> oh, come on, what do people think? what's the reaction in the market? >> traders are tired of the hold. what you are witnessing now is political theater. the president getting on the plane, coming home early, on and on, just get it over with. that's what you are elected to do. just do your job. we're tired of it. >> pushed back into january? >> may have patch work done causing a resolution, but the market continues to say we believe it's going to happen because the fact of the matter is if it doesn't happen, the market turns ugly really fast. >> all right. there's obviously the belief something's got to happen but better be sooner than later. >> ben's got to have a better new year's resolution than that. >> i like it. that and eat more broccoli. >> he's laughing because it's the truth. >> thank you, nicole. >> i have to think of the new year's resolution
? >> why mess up a good thing. stop printing money, ben bernanke. adam: that is all the time we have got for you today. "the willis report" is next, have a great thursday. gerri: tonight get ready, folks. we arwe're going over the fiscal cliff and lawmakers are just picturing about it, they are not trying to fix it. we have some great ideas to fix the fiscal cliff blues. try flying first class and don't pay for it. welcome to "the willis report." hello, everybody. i am gerri willis. tonight congress is pushing america up a fiscal cliff of its own making. president obama and the senate back in washington today trying to get some kind of a deal done, that is what they say, but nothing will likely come in time. harry reid spent the day moaning about how bad of a speaker john boehner is good the house is set to return sunday afternoon just one day before the end of the year. nearly 90% of americans will be hit with $500 billion in tax hikes and spending cuts. as we head off a cliff, what can you and your family expect come january 2? president of the american action reform joins me now. so,
on ben gi sai? we'll never know the truth, will we?" i think we will. it may take time, but we will. that leave off. gerri willis is up nexto explain all this for you. have a great weekend, everybody. gerri: hello, everybody, president obama calling on congress just moments ago asking to avoid the fiscal cliff. he said he is moderately optimistic that a deal could be done by december 31. congressional leaders are working on crafting a bill. certainly no grand bargain here that would improve entitlements. if they can't get a deal, the president has told harry reid to put the white house proposals up for an up or down vote. the details just keep on coming out. with us now are two guests. first, we are going to go rich edson. he is here with the very latest. tell us what you made of the president's comments. he was very direct. reporter: he ws. and now he passes on to the senate. senate majority leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this eveni
11 bucks a session. i want to bring in ben from traders audio. we're significantly off the highs of the session in most of the major commodities, let alone the stock market off its highs. i'm hearing amongst traders is this sort of a lack of conviction in this big rally? >> in terms of follow-through we're seeing limited conviction. the s&p basically had the 27 handle move through the open session and zero follow through. so there is lot of traders right now asking if this was full release if you will after the news type effect and just seeing some sellside activety in reaction. up 27 happened else. there is conviction to the upside. low follow-through. low energy. >> ben, i will, i literally made him run down from the trade. these guys are much busier day than they have been the last several trading session. i will let him get back to work. this is rally traders will watch to see if it actually lasts basil very prices have been a big winner in today's session. the at one point up more than 4%. just up 2% on the session. everything is sort of coming off under the circumstances hi
. it will hit the consumer right in the wallet. ben bernanke has already said he does not care how much inflation hits. >> you know, i just believe we are in a holding action until we resolve these immediate political problems. i agree with you was. this is a political crisis first and foremost. it is a weak economy. getting weaker. bond yields are going down. i think what peter speaks of is certainly possible in the near future. perhaps, the more distant future. bottom line, i expect more softening and a lack of confidence. >> the fact of the matter is, big government is very expensive. we need much higher taxes on the middle class. not on the rich, on the middle class. if they do not want to get stuck with this bill, we better start slashing -- [talking over each other] liz: we have to leave it there. thank you very much. really appreciate it. heading north for the winter. canada needs workers. out of work americans are happy to oblige. this is really an amazing story. oil is now trading just north of $90 a barrel. just down a fraction of a point. we will be right back. ♪ liz: welco
Search Results 0 to 12 of about 13 (some duplicates have been removed)